Showing 1 - 10 of 3,718
This paper determines the equilibrium market structure in a mixed international oligopoly, where the state assets are sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The intuition is that domestic firms can then not prevent...
Persistent link: https://www.econbiz.de/10010334727
spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … somewhat. One of the main lessons for privatization policy makers in MENA countries from the experience in other regions is …
Persistent link: https://www.econbiz.de/10011430885
Using data on 451 Chinese privatizations over the period 1994-2002, this paper empirically investigates the firm and stock market characteristics that detfirmine the size of the portion of new shares sold to the general public and underpricing at SIP-time. We find that poor perfirmance and...
Persistent link: https://www.econbiz.de/10010313366
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
Persistent link: https://www.econbiz.de/10010318608
from Ethiopia. Consistent with the prediction of the model, remittance has a strong positive effect on the amount of …
Persistent link: https://www.econbiz.de/10010330218
I studied the determinants of migration from urban Ethiopia to other countries, to rural areas and to other urban areas …
Persistent link: https://www.econbiz.de/10010330236
The paper studies the effects of international remittances on poverty and inequality in Ethiopia using an urban …
Persistent link: https://www.econbiz.de/10010330245
Since 1992 Ethiopia has been engaged in liberalizing its financial sector. The hallmark of the strategy is gradualism …
Persistent link: https://www.econbiz.de/10010333062
An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback to … possible in view of Ethiopia's poverty and high background adult mortality, it does cause a permanent, downward displacement of …
Persistent link: https://www.econbiz.de/10010266655
We investigated attitudes toward positionality among rural farmers in Northern Ethiopia, using a tailored survey …
Persistent link: https://www.econbiz.de/10010269655